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To: bill meehan who wrote (82923)	1/10/2000 10:06:00 AM
From: clochard	Read Replies (3) \| Respond to of 86076

Monday January 10, 9:56 am Eastern Time Alert: Fed Says Added $750 Mln Reserves Via Monday's Overnight System Repos (options, currency)

To: bill meehan who wrote (82923)	1/10/2000 12:49:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 86076

Bill, amazing that so few are talking about INTU... It may have quite a bit more upside at times this year. Here are some really Interesting techinical facts from Friday's close. Today the Open 10 Trading Index closed at 1.12. That is the highest most oversold reading since October 7, 1998. In case you have forgotten, the Nasdaq Composite on October 7, 1998 was at 1,462.60 and since that oversold reading on October 7, 1998 just over a year ago, the index has gained 183% going into the new year. What you had today was the Dow at a one year and all time high close at the same time as the Open 10 Trading Index was at a greater than one year high, in other words oversold condition. For the Dow to be at a new high while the 10 day trading index (Open 10 Trading Index) is at a one year low, has never happened in the 60 year data base of trading index data. On the face of it, at least, it would appear to be very bullish. Today saw the first breadth day of greater than 2-1 in favor of advancing issues since late of October and incredibly only the seventh day with more new highs than lows on the New York Exchange since July 20 of last year, almost five months ago, --almost six months ago. John